The official tally for insured losses from this year’s major California wildfires is $9.05 billion – for now. California Insurance...
California Wildfires News
AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit...
California utilities plan to insulate power lines, increase inspections and build new weather stations in areas at high risk for...
PG&E Corp. was accused of putting its “reputation above public safety” in a lawsuit alleging that the power company spends...
Catastrophe modeling firm AIR Worldwide estimates that industry insured losses from the Camp Fire in Northern California will be between...
Farmers Insurance expects $2.1 billion in claims from the California wildfires in November. The Los Angeles, Calif.-based carrier said it...
Catastrophe risk modeling firm AIR Worldwide on Friday said it estimates that insured losses from the Woolsey Fire in Southern...
California’s top utilities regulator on Thursday ordered the embattled power utility Pacific Gas and Electric Co. to implement safety recommendations...
Moody’s has released estimates showing property/casualty insurers and reinsurers total insured losses at $10 billion $15 billion from the California...
The “downside credit risks” from the California wildfires are the most pronounced for investor-owned utilities, which could face large liabilities...